Babbitt reported that on the 26th, the ant blockchain ecological summit was held at the Yunqi Conference. Jiang Guofei, vice president of Ant Financial Group and president of the intelligent technology business group, shared in the opening speech that we are welcoming the technology of the digital economy era. Tuyere – blockchain. The blockchain can create a value network that links the various institutions in the industry, allowing digital assets, including bills, contracts, warehouse receipts, invoices, etc. to be trusted. In the end, a more ambitious contract network can be constructed. The blockchain can be coupled to all parties to promote seamless cooperation and distribution of rights between people and machines. The financial-grade blockchain engine independently developed by the ant blockchain has achieved a “double billion” of 1 billion users and 1 billion daily transactions. The cost has dropped by 50%, achieving an elastic expansion of 100,000 TPS.